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Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Beginning Balance at Dec. 31, 2019 $ 29,158,027 $ 0 $ 1,138,096 $ 447,134 $ 31,494,895 $ (3,922,098)
Common Stock Shares at Dec. 31, 2019     966,132      
Treasury Stock Shares at Dec. 31, 2019           171,964
Net income (loss) 56,568       56,568  
Dividends declared (212,549)       (212,549)  
Ending Balance at Mar. 31, 2020 29,002,046 0 $ 1,138,096 447,134 31,338,914 $ (3,922,098)
Common Stock Shares at Mar. 31, 2020     966,132      
Treasury Stock Shares at Mar. 31, 2020           171,964
Beginning Balance at Dec. 31, 2019 29,158,027 0 $ 1,138,096 447,134 31,494,895 $ (3,922,098)
Common Stock Shares at Dec. 31, 2019     966,132      
Treasury Stock Shares at Dec. 31, 2019           171,964
Net income (loss) (722,948)          
Ending Balance at Jun. 30, 2020 28,125,918 0 $ 1,138,096 447,134 30,462,786 $ (3,922,098)
Common Stock Shares at Jun. 30, 2020     966,132      
Treasury Stock Shares at Jun. 30, 2020           171,964
Beginning Balance at Mar. 31, 2020 29,002,046 0 $ 1,138,096 447,134 31,338,914 $ (3,922,098)
Common Stock Shares at Mar. 31, 2020     966,132      
Treasury Stock Shares at Mar. 31, 2020           171,964
Net income (loss) (779,516)       (779,516)  
Dividends declared (96,612)       (96,612)  
Ending Balance at Jun. 30, 2020 28,125,918 0 $ 1,138,096 447,134 30,462,786 $ (3,922,098)
Common Stock Shares at Jun. 30, 2020     966,132      
Treasury Stock Shares at Jun. 30, 2020           171,964
Beginning Balance at Dec. 31, 2020 $ 28,706,089 0 $ 1,138,096 447,134 31,042,957 $ (3,922,098)
Common Stock Shares at Dec. 31, 2020 966,132   966,132      
Treasury Stock Shares at Dec. 31, 2020           171,964
Net income (loss) $ 540,128       540,128  
Dividends declared (212,549)       (212,549)  
Ending Balance at Mar. 31, 2021 29,033,668 0 $ 1,138,096 447,134 31,370,536 $ (3,922,098)
Common Stock Shares at Mar. 31, 2021     966,132      
Treasury Stock Shares at Mar. 31, 2021           171,964
Beginning Balance at Dec. 31, 2020 $ 28,706,089 0 $ 1,138,096 447,134 31,042,957 $ (3,922,098)
Common Stock Shares at Dec. 31, 2020 966,132   966,132      
Treasury Stock Shares at Dec. 31, 2020           171,964
Net income (loss) $ 859,635          
Ending Balance at Jun. 30, 2021 $ 29,140,626 0 $ 1,138,096 447,134 31,477,494 $ (3,922,098)
Common Stock Shares at Jun. 30, 2021 966,132   966,132      
Treasury Stock Shares at Jun. 30, 2021           171,964
Beginning Balance at Mar. 31, 2021 $ 29,033,668 0 $ 1,138,096 447,134 31,370,536 $ (3,922,098)
Common Stock Shares at Mar. 31, 2021     966,132      
Treasury Stock Shares at Mar. 31, 2021           171,964
Net income (loss) 319,507       319,507  
Dividends declared (212,549)       (212,549)  
Ending Balance at Jun. 30, 2021 $ 29,140,626 $ 0 $ 1,138,096 $ 447,134 $ 31,477,494 $ (3,922,098)
Common Stock Shares at Jun. 30, 2021 966,132   966,132      
Treasury Stock Shares at Jun. 30, 2021           171,964